Description
This course provides a comprehensive overview of mortgage underwriting, with particular emphasis placed on the co-dependent (and, ideally, cooperative) relationship that exists between the mortgage originator and the mortgage lender throughout this crucial process. Candidates will review the goals, risks and regulations inherent to mortgage investment that influence lenders’ underwriting guidelines, before delving into the specific factors that determine the underwriting process and decision. Finally, candidates will review the measures lenders take to monitor their investments, as well as the broad array of policy decisions and legal remedies available to them when a borrower defaults on a mortgage loan.
This course is recognized by AMF for 10 general PDUs. Please contact [email protected] upon course completion for AMF reporting purposes.
- Designation Courses
